China: Stone Sawing Machine Market 2023

Stone Sawing Machine Market Size in China

In 2022, the Chinese stone sawing machine market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption, however, continues to indicate a slight slump. Stone sawing machine consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Stone Sawing Machine Production in China

In value terms, stone sawing machine production stood at $X in 2022 estimated in export price. In general, production, however, showed a noticeable decline. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Stone sawing machine production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Stone Sawing Machine Exports

Exports from China

After two years of growth, overseas shipments of sawing machines for working stone, ceramics and concrete decreased by X% to X units in 2022. Overall, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, stone sawing machine exports totaled $X in 2022. In general, total exports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

The United States (X units) was the main destination for stone sawing machine exports from China, with a X% share of total exports. Moreover, stone sawing machine exports to the United States exceeded the volume sent to the second major destination, Canada (X units), ninefold. The third position in this ranking was taken by Russia (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Russia (X% per year).

In value terms, the largest markets for stone sawing machine exported from China were the United States ($X), Vietnam ($X) and Russia ($X), with a combined X% share of total exports. Canada, Germany, the Netherlands, Brazil, Poland, the UK and Bangladesh lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average stone sawing machine export price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the export price posted a strong increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while the average price for exports to Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Stone Sawing Machine Imports

Imports into China

Stone sawing machine imports into China contracted rapidly to X units in 2022, waning by X% compared with 2021. In general, imports saw a pronounced decrease. The growth pace was the most rapid in 2016 with an increase of X%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, stone sawing machine imports plummeted to $X in 2022. Overall, imports faced a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

Taiwan (Chinese) (X units), the United States (X units) and Austria (X units) were the main suppliers of stone sawing machine imports to China, with a combined X% share of total imports. Italy, Turkey, Sweden, Japan, Germany and Switzerland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Japan ($X) and Taiwan (Chinese) ($X) appeared to be the largest stone sawing machine suppliers to China, together comprising X% of total imports. The United States, Austria, Turkey, Germany, Switzerland and Sweden lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average stone sawing machine import price amounted to $X per unit, rising by X% against the previous year. In general, the import price, however, continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2017 when the average import price increased by X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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